IMAGE EMOTION: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMAGE EMOTION
Largest movements
- Deferred charges and accrued income -€2,465
down €2,465 (-92.8%), from €2,656 to €191
- Cash +€2,285
up €2,285 (+213.8%), from €1,069 to €3,353
mainly Deferred charges and accrued income (+€2,465) and Trade debts (+€1,050)
- Tangible fixed assets -€848
down €848 (-59.6%), from €1,424 to €575
- Receivables within one year +€195
up €195 (+3.2%), from €6,001 to €6,196
of which Other amounts receivable: +€946
- Profit (loss) carried forward -€1,303
down €1,303 (-62.6%), from €2,082 to €779
- Trade debts +€1,050
up €1,050 (+67.9%), from €1,548 to €2,598
- Accrued charges and deferred income -€766
no longer reported in 2025 (was €766)
- Tax, wage and social debts +€185
up €185 (+26.6%), from €694 to €878
- Gross operating margin -€2,265
down €2,265, from €1,867 to -€398
- Depreciation -€202
down €202 (-19.2%), from €1,051 to €848
- Other operating charges +€92
new in 2025: €92
- Financial income +€43
up €43 (+28.7%), from €150 to €193
- Financial charges +€37
up €37 (+30.9%), from €121 to €158
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,289 | €10,455 | -€834 | -7.4% |
| Fixed assets | 21/28 | €1,564 | €715 | -€848 | -54.3% |
| Tangible fixed assets | 22/27 | €1,424 | €575 | -€848 | -59.6% |
| Furniture and vehicles | 24 | €1,424 | €575 | -€848 | -59.6% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €9,726 | €9,740 | +€14 | +0.1% |
| Amounts receivable within one year | 40/41 | €6,001 | €6,196 | +€195 | +3.2% |
| Trade receivables | 40 | €3,530 | €2,779 | -€751 | -21.3% |
| Other amounts receivable | 41 | €2,471 | €3,417 | +€946 | +38.3% |
| Cash at bank and in hand | 54/58 | €1,069 | €3,353 | +€2,285 | +213.8% |
| Deferred charges and accrued income | 490/1 | €2,656 | €191 | -€2,465 | -92.8% |
| Total equity and liabilities | 10/49 | €11,289 | €10,455 | -€834 | -7.4% |
| Equity | 10/15 | €8,282 | €6,979 | -€1,303 | -15.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,082 | €779 | -€1,303 | -62.6% |
| Amounts payable | 17/49 | €3,008 | €3,476 | +€469 | +15.6% |
| Amounts payable within one year | 42/48 | €2,241 | €3,476 | +€1,235 | +55.1% |
| Trade debts | 44 | €1,548 | €2,598 | +€1,050 | +67.9% |
| Suppliers | 440/4 | €1,548 | €2,598 | +€1,050 | +67.9% |
| Taxes, remuneration and social security | 45 | €694 | €878 | +€185 | +26.6% |
| Taxes | 450/3 | €694 | €878 | +€185 | +26.6% |
| Accrued charges and deferred income | 492/3 | €766 | - | -€766 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,051 | €848 | -€202 | -19.2% |
| Other operating charges | 640/8 | - | €92 | +€92 | |
| Gross operating margin | 9900 | €1,867 | -€398 | -€2,265 | |
| Operating profit (loss) | 9901 | €817 | -€1,338 | -€2,155 | |
| Financial income | 75/76B | €150 | €193 | +€43 | +28.7% |
| Recurring financial income | 75 | €150 | €193 | +€43 | +28.7% |
| Financial charges | 65/66B | €121 | €158 | +€37 | +30.9% |
| Recurring financial charges | 65 | €121 | €158 | +€37 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €846 | -€1,303 | -€2,149 | |
| Profit (loss) for the period | 9904 | €846 | -€1,303 | -€2,149 | |
| Profit (loss) for the period to be appropriated | 9905 | €846 | -€1,303 | -€2,149 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.